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Property profile & analytics
OFF-MARKET
Commercial real estate

718 Elk St Alexander, ND 58831

Individually Owned Absentee Owner Free & Clear
Property ID
US56-0376326
Property summary
AI-generated overview

This thriving Alexander, ND cafe and bar presents a unique investment opportunity. Priced at $329,000, this 3,288 square foot retail property sits on a 17,500 square foot lot and boasts a rich history. Built in 1977 and extensively renovated in 2019, the property includes all new sewer pipes, water lines, and electrical systems, along with a new AC unit and furnace. The fully functioning restaurant comes complete with an all-stainless steel kitchen, a covered patio, and even a washer and dryer in the basement. The sale includes all equipment, furniture, serving containers, and display cases – a true turnkey operation. Benefit from an established clientele and a lack of direct competition in this prime location within McKenzie County. The permitted commercial zoning allows for continued operation as a restaurant and bar, with the basement offering potential for bar expansion. This is a rare chance to acquire a profitable business, building, and land, all in one comprehensive package. Don't miss this exceptional opportunity in the heart of the Bakken.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 79-10-04100
UPID US56-0376326
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wild Flour Cafe & Bakery Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
WESLEY G LINDVIG
WESLEY G LINDVIG
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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